State election results out of the way: 10 stocks that could give 18-50% returns in a year

Now that the state election results are pretty much clear, the focus has now shifted to the General Elections 2019. As per the trends, BJP's failure to get a clear majority in all three Hindi heartland states — Chattisgarh, MP, and Rajasthan — will bring the government back to the drawing board.

So what should investors do now? For market, the ride till general elections in April-May 2019 is likely to remain volatile. Most experts feel that gains are likely to remain capped at 11,000 on the Nifty, on the higher side, but the dips will give investors a good buying opportunity.

Largecap and quality midcaps are a better bet at current levels. In terms of sectors, investors can look at banking, insurance, AMC companies, IT and retail-oriented stocks.

Source:https://www.moneycontrol.com/news/business/markets/state-election-results-out-of-the-way-10-stocks-that-could-give-18-50-returns-in-a-year-3277051.html

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